Solana Stablecoin Transactions Hit Record $650 Billion in February

According to Solana’s March 8 statement, the network recorded $650 billion in adjusted stablecoin volume in February 2026, overtaking Ethereum and Tron in monthly stablecoin transaction activity.

ETH
SOL
TRX

Summary

Solana said its adjusted stablecoin transaction volume reached a record $650 billion in February 2026, surpassing Ethereum and Tron on a monthly basis. The March 8 statement said the total more than doubled Solana’s previous all-time high, underscoring rising stablecoin usage on the network and its growing role in blockchain-based payments and transfer infrastructure.

Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value, typically by being pegged to an asset such as the U.S. dollar.
  • Transaction Volume: The total value of transfers processed over a given period, used to measure activity on a blockchain network.
  • Solana: A blockchain network built for high throughput and low transaction costs, often used for payments, trading, and decentralized applications.